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To: sibe who wrote (6140)5/8/1998 8:26:00 PM
From: Merg  Read Replies (1) | Respond to of 10786
 
Once upon a time I worked for a company whose CEO and Chairman of the Board was an MIT engineer. He had invented and patented a very promising technology that was the bread and butter of the company. I received stock as part of my compensation package. The future potential was awesome...Unfortunately the Man was a Manic-Depressive given to fits of rage in between flashes of brilliance and delusions of grandeur . This uncontrollable rage would manifest itself at the most inopportune moments...such as while talking to potential OEM customers sometimes going so far as to throw the customer out of his office. Needless to say sales suffered, production suffered and the only product produced for the first 5 years was litigation after litigation. My point here is that Gruder somehow reminds me of this man.(JMHO) I was a financial captive to the situation then. But this time I can just take my marbles and go home. I sold my position today and put it all into TAVA whose management seems at the very least...mentally stable. Elvis has left the building...



To: sibe who wrote (6140)5/8/1998 10:08:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 10786
 
But first I need to see the complete Q1 report to make sure there are no surprises.

Sibe, I look forward to your opinion on ALYD's upcoming 10Q. Speaking of surprises, was there anything in their past filings that caught your attention?

Also, on a slightly related note, what is your favorite Edgar site?

- Jeff



To: sibe who wrote (6140)5/12/1998 6:37:00 PM
From: WMH  Respond to of 10786
 
sibe and all
re: salaries for y2k programmers. this does not apply to alydaar, his 'programmers' feed cobol and other languages into an artifical intelligence engine and eventually out comes remediated code. the expense for y2k companies that do not use the factory approach is for cobol programmers. cobol is a going noware language except for this y2k mess. therefore, if you know cobol you can demand lotsa money. by the way, i know cobol and i am part of the y2k problem. in the 60 and 70's disk space was very expensive and we were told to save where ever possible and a two digit field saved two bytes over a four digit field in the input section of cobol.
last year i would get a question about every 1-2 months on y2k compliance. now, it's virtually every day from my prospect base and i turn over my customer base questions to my home page and legal department. it's heating up.
good luck with your entry point, i agree with the others here the best bet is to wait for another 1-2 quarters of numbers.
finally, what is the suit against gruder. my background with alydaar may be helpful for information purposes.